Business, general

The real art of strategic planning

Article Abstract:

Four big strategic and four key tactical questions are outlined that would put one in the right frame of mind to make sure that one could master the real art of strategic planning. Strategic planning is about limiting the amount time and effort one spend on low value-adding activities so that one can concentrate on those activities that gives more profit.

Benchmarking as a tool of strategic management

Article Abstract:

The Total Benchmarking Model is introduced that effectively integrates four types of benchmarking activities of benchmarking of competitive advantages, benchmarking of strategies, process benchmarking and performance benchmarking. The model aims to support and improve the quality of strategic management decision-making.